Closing Cash Balance is the amount remaining in a Xero account at the end of a period and is calculated by subtracting total expenses and withdrawals from total deposits and income.
With Databox you can track all your metrics from various data sources in one place.
Used to show a simple Metric or to draw attention to one key number.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Closing Cash Balance using Databox, follow these steps:
This dashboard provides insights into net cash flow, bank balances, cash inflows and outflows, and key cash flow metrics like days payable/receivable and outstanding payments. It helps businesses monitor liquidity and optimize financial planning.
This report gives a snapshot of financial results using Xero data on income, expenses, cash flow, balance sheet, and overall financials, supporting informed financial decisions.
The New Email Subscribers metric tracks the number of contacts who have recently subscribed to your email list. It helps measure the growth and success of your email marketing efforts.
Followers is a Twitter metric that reflects the number of users who have decided to subscribe to a specific account to have access to their posts and updates. It is a reflection of an account's reach and influence on the platform.
The Net Profit (Budget) metric in Xero represents the expected profit after all expenses and taxes have been deducted from the projected revenue for a particular period.
Total Cost of Sales (Budget) is the projected amount of direct costs incurred to produce goods or services that are sold during a specific period. This includes materials, labor, and overhead expenses. It helps businesses track and manage their expenses related to sales in a budgeted period.
The Current Cash and Cash Equivalents by Asset metric is a financial measure that shows the amount of liquid assets available to a company to pay its debts and obligations in the short term.
The Awaiting Payments Amount metric in Xero shows the total amount of outstanding invoices that have not yet been paid by customers. It helps businesses keep track of how much revenue is yet to be received, and which customers need to be chased for payment.
Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts
The Quotes Invoiced Value metric measures the total amount of invoiced revenue generated from quotes created in Xero.